Lady Butterfly's journey to financial independence

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February is usually a slow month for passive income. Compare to the second month of last year, passive income went up by over $250. February was also a slow trading month for me. I added shares of VT and SPY.

My January expenses were about average. All the categories were below budget except for the household category. Starting this year, instead of dividing the annual fees into monthly fees, I will count them in the month I pay them. Continue reading →

January passive income was a great start to the new year. Compare to the first month of last year, passive income went up by over $200. January was also a busy trading month for me. I sold BMY and bought GILD. I also added more shares of AGNC, QQQ, OHI, and VT

Happy belated New Year! With an infant, a demanding full time job, volunteering work and catching up with friends, life doesn’t get any busier than this. Personal finance and FIRE is my passion so I will make time for it no matter what. This blog is my hobby and I am not trying to make money out of it (yet), so sometimes my posts will just be a little late. Better late than never.

I had four short-term financial goals at the beginning of 2017. Lets go over each one of them and see how I did.

Goal 1: Increase total passive income to at least $600 average per month or $7,200 per year (Include dividends, interests, and rental property)

I gave myself an A on this goal. I increased my average passive monthly income to over $835. I sold real estate rental at the beginning of the year, so there was minimum loss in passive income this year. I am very proud that my annual passive income broke the 10K mark.

My December expenses were the highest month of the year and it was to be expected. All the categories were actually below budget except for the misc category. The high category was due to donations to various charities and gifts for family and friends. Continue reading →

December was a great month for passive income. It was the most passive income I have ever received in a month. Compare to the third month of last quarter, passive income went up by about $250. In December I made quite a few trades for tax purposes as well as adding more shares to baby butterfly’s fund.

My November expenses were a little higher than last month. All the categories were below budget except for Dining out/Grocery and childcare categories. Holiday season starts in November so we spent quite a bit on baby butterfly during black Friday. Continue reading →